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$645K
$100,399
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High
-
Medium
-
Low
-
Confidence
This property boasts a prime location just 350 meters from a serene, uncrowded beach, surrounded by trendy cafes and eateries. The expansive 644.7m2 block offers potential for dual occupancy, harnessing mains power and sewer. Zoned R1 general residential, it has an 8.5m height limit and a 0.551 floor space ratio, with a 10m frontage that promises ample building opportunities. Close to essentials like a grocery store and medical center, it's also near parklands and waterways, perfect for outdoor enthusiasts. Build the lifestyle you deserve.
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73.5%
$1.1M
2.6%
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Try Picki for FREE-$35,000
-$29,292
-
Asking Price
$645,000
Estimated Purchase Price
$630,000
Stamp Duty
$23,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$63,000
Reg. Mortgage
$164
LMI Premium
$16,223
Renovation Costs
-
Total Cash/Equity Required
$104,668
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,046
$1,365
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,423
-$5,771
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$41,845
-$43,193
Depreciation
-
-
Tax Offset
-$12,554
-$12,958
Net Cashflow After Tax
-$29,292
-$30,235
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Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$567,000
$567,000
$68,460
$581,760
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
